If you want to have the best chance of winning any tournament in the online casino world, you really have to know what you are doing. There is no exception to this rule when it comes to online keno, as there are allegedly plenty of ways to try to make sure that you come out on top – or at least that you come out without losing your whole stake. Stanford Wong has already written a book entitled Casino Tournament Strategy which includes a full chapter on keno, which includes a method that should give you the best chance to come out of a tournament as the winner as long as you have the necessary bankroll.
Just in case you have not read the book and are not planning to do so, you should keep a few things in mind which might help you to win a Keno tournament overall. The first point you should all keep in mind is that you should never play in a tournament unless you can reasonably afford to lose the whole of the buy-in fee. In keno tournaments, this can sometimes be around the region of $500, with 100 games played at five dollar fees each. The aim is of course to try and win some money, but the fact of the matter is that as with any game of chance you can never guarantee that you will be able to recoup any cash at all – so bear that in mind. The thing about tournament play is that it can often be a lot more lucrative if you decide to play on land, because in this case you were often giving freebies to compensate for some of your expected losses. In the case of a land-based Keno tournament, this might give you two or three free nights in the casino’s hotel, some food vouchers to pay for your meals, and even a small gift or two for everyone who takes part. This could easily add up to in the region of 250 or $350, so already you are able to see that you will not lose the full $500.
Some quick maths will show you that if you play those 100 games at five dollars each you would expect to be able to win five dollars around 12 ½ times, which would mean that you would get your money back. Therefore, even if you would not win the tournament, you would at least ensure that your entry fee was covered. Of course, the rules of probability mean that just because something is likely to happen does not mean it will, and even in an almost surefire situation there is still a slim chance that things will not go as you expect. Make sure you also bear in mind that you will have other expenses associated with your tournament – for example, if you were to travel to Las Vegas in order to take part in a tournament, what else would you be doing throughout the day?